Accepting Bitcoin

Would you like to know how to accept bitcoins at your busness? Just curious? Then you are in the right place. As a business owner it is on you to accept the payment method that your cusumer trust. As long as it is finaicailly viable of course.

Pros:

No Fraud – No Chargebacks, all sales are final. Unlike credit cards there are no chargebacks with Bitcoin.
Low Fees – Bitcoin fees are drastically less than major credit card providers.
Easy to Set up – No backgound checks, no bank forms to fill out. Just set up and go.
Fast international payments – Eliminate the waiting periods from bank transactions.

Cons:
Volitile price – Bitcoin value fluctuates dramatically when compared with local currencies.
Lack of Awareness – Not a lot of people have Bitcoin but the number is growing.

NewsBTC is one of the largest online resources for Bitcoin and cryptocurrency news. Canada is a World renowned development hub for Bitcoin and FinTech advancements so extending NewsBTC specifically into Canada was a logical step. Having previously been involved in the earlier days of Bitcoin publishing significantly helped with my re-entry into the mix and it is thrilling to be a part of the NewsBTC family in representing Canadian FinTech.